Smart Buildings Market Size Valued to Hit $121.6 Billion By 2026

1. Downloaded from: justpaste.it/a7x0s Smart Buildings Market Size Valued to Hit $121.6 Billion By 2026 — Report by MarketsandMarkets™ Smart Buildings Market Size Valued to Hit $121.6 Billion By 2026 — Report by MarketsandMarkets™ The global Smart Buildings Market size is expected to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major drivers for the Smart building include the rising adoption of IoT-enabled building management systems, rising awareness of space utilization, increased industry standards and regulations, and increased demand for the energy-efficient system. Browse in-depth TOC on “Smart Buildings Market” 330 — Tables 54 — Figures 301 — Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp? id=1169 The safety and security management solution in the solution type segment is expected to hold the largest market share during the forecast period Security is an integral part of smart buildings. Smart buildings enable occupant safety and security with the help of security solutions integrated with the smart building system. The rapid development of smart building technology is coupled with the ever-evolving nature of cyber threats. This will drive safety and security management innovation to develop and integrate appropriate risk solutions in the smart buildings market. Also, the rising deployment of advanced access control systems, video surveillance systems, and fire and life safety systems to safeguard the occupant and assets contributes to the high market share in this segment. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp? id=1169 The industrial building segment is expected to grow at the fastest growth rate during the forecast period. Industrial buildings are often large and have many moving parts. The segment is expected to adopt smart building solutions for energy and cost savings, higher productivity, enhanced identity and access management, and optimized surveillance. The market growth for the industrial building type is driven by the enforcement of stringent policies by governments worldwide to minimize energy wastage.

2. Asia Pacific is expected to grow at the highest CAGR forecast period. Asia Pacific is expected to grow at the highest CAGR forecast period. The growth can be attributed to the high economic growth witnessed by the major countries in this region. The rapid modernization and increase in construction activities in APAC have accelerated the adoption of smart building solutions and services in the region. Various regions’ governments have started promoting smart building practices due to the rising environmental concerns and growing need for energy savings. Also, the increasing smart city initiatives in the region will boost the demand for smart building solutions and services. Speak To Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp? id=1169 Market Players The major vendors covered in the Smart Buildings Market include 75F (US), ABB (Switzerland), Aquicore (US), Bosch (US), BuildingIQ (US), Cisco (US), CopperTree Analytics (Canada), ENTOUCH (US), Hitachi (Japan), Honeywell (US), Huawei (China), IBM (US), Igor (US), Intel (US), Johnson Controls (Ireland), KMC Controls (US), Legrand (France), Mode:Green (US), PTC (US), Schneider Electric (Germany), Siemens (Germany), Softdel (US), Spaceti (Czechia), Telit (UK), and Verdigris Technologies (US), Spacewell (Belgium), Gaia (India), eFacility (India). Browse Adjacent Markets: Digitalization & IoT Market Research Reports & Consulting Related Reports: Artificial Intelligence Market — Global Forecast to 2027 Smart Hospitality Market — Global Forecast to 2027 Zero Trust Security Market — Global Forecast to 2027 5G Services Market- Global Forecast to 2027 Smart City Platforms Market — Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines — TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies — helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research,

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